SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IVOC!! The Future!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: makin_dough99 who wrote (11)5/22/1999 1:39:00 PM
From: David Sirk  Read Replies (1) of 84
 
I think you are wrong! I'm on record as being a holder of VTPI stock as of MAY 21 . If I was not on record I would not have been able to SELL VTPI at the close. Now where it gets tricky is like I stated before, you still got to be holding the stock for AFTER the settlement occurs. If you sell on Monday you are NO LONGER on record being a holder of VTPI stock.
On the record and settlement date are not the same thing

directly from the horse's mouth a.k.a. carl@vistele.com reply to my email was

Any one holding VTPI stock as of close of business today, May 21, 1999, after a
3-4 day period to reconcile, will receive one share of the new iVoice stock for
every share of VTPI they own. They will also receive 1 share of CRI for every 4
shares of VTPI they own. Simply put, assume a
person has 4000 shares of VTPI, they would exchange it for two new certificates,
one for 4000 shares of iVoice and another for 1000 shares of
CRI. Now as to when it actually happens, the transfer company has to send out
alert to all holders of stock, they have to respond and then the issue will be made.
Trading on the two company's will begin when the new stock symbols are issued.
CRI will take a day or so longer as it needs to also be issued a CUSIP number
first.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News